| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| FIRM BENEFITS, INC.3 Filed as: FIRM BENEFITS, INC.- HEALTH/PRESCR. | 1 LETHBRIDGE PLAZA MAHWAH, NJ 07430 | HORIZON HEALTHCARE SERVICES, INC. | $66K | — | $66K | 4.89% |
| FIRM BENEFITS, INC.3 | 1 LETHBRIDGE PLAZA STE 30 MAHWAH, NJ 074302133 | DELTA DENTAL OF NJ, INC. | $5K | — | $5K | 4.67% |
| FIRMS BENEFITS, INC.3 | 1 LETHBRIDGE PLAZA MAHWAH, NJ 07430 | USABLE LIFE | $4K | — | $4K | 11.32% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA EAST M2H NEWARK, NJ 07015 | USABLE LIFE | — | $2K | $2K | 7.90% |
| FIRM BENEFITS, INC.3 Filed as: FIRM BENEFITS INC | 1 LETHBRIDGE PLAZA MAHWAH, NJ 07430 | USABLE LIFE | $3K | — | $3K | 15.00% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA EAST M2H NEWARK, NJ 07015 | USABLE LIFE | — | $2K | $2K | 10.00% |
| FIRM BENEFITS, INC.3 Filed as: FIRM BENEFITS INC | 1 LETHBRIDGE PLAZA MAHWAH, NJ 07430 | USABLE LIFE | $1K | — | $1K | 12.08% |
| HORIZON INSURANCE COMPANY3 | 3 PENN PLAZA EAST M2H NEWARK, NJ 07105 | USABLE LIFE | — | $1K | $1K | 9.08% |
No Schedule C service providers reported on this filing.
Benefits declared on the Form 5500 main form (✓ = also has a Schedule A insurance contract; otherwise the benefit is funded out of plan assets or via a Schedule C TPA).
The plan reports several different headcounts depending on which form you read. Each one measures a different slice of the population.
| Active participants | 198 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 198 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | HORIZON HEALTHCARE SERVICES, INC. | 91 | $1.4M |
| Dental | DELTA DENTAL OF NJ, INC. | 198 | $98K |
| Life insurance(2 contracts) | USABLE LIFE | 127 | $34K |
| Long-term disability | USABLE LIFE | 126 | $32K |
| Prescription drug | HORIZON HEALTHCARE SERVICES, INC. | 91 | $1.4M |
| Other | USABLE LIFE | 127 | $12K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 198 | — |
Why the numbers differ. Form 5500 line 6 counts employees + retirees + beneficiaries; no dependents. Schedule A persons-covered counts everyone enrolled, including spouses and children, so it usually exceeds line 6 by 30-60% on a working-age workforce. The medical row is normally the broadest single line because it has the highest take-up; dental/vision/life often dip below it. Stop-loss / reinsurance contracts sometimes report the carrier's full underwriting pool rather than this filer's headcount; the row is shown for transparency but shouldn't be read as "people in this plan."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.